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Scammers Exploit Ripple's RLUSD Bank Tests to Steal XRP by Spoofing Bank Names and Issuing Fake Tokens
Scammers are exploiting Ripple's RLUSD bank tests and Evernorth fund news to steal XRP by spoofing bank names and issuing fake tokens. XRPL Foundation contributor Vet_X0 warned that fraud networks are generating vanity wallet addresses and issuing dummy tokens that imitate brands from recent announcements, such as Cross River Bank's RLUSD stablecoin tests. They then use phishing sites to prompt users to "verify" wallets or exchange real XRP for these fake bank coins, leveraging the openness of the blockchain against security.
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